21 Fifth Street, Welland, ON
L3B 4Z4
Listed September 7, 2026
About this property
Selling under - Power of Sale. Excellent opportunity for investors, renovators, and value-add buyers in Welland. This legal two-storey duplex offers two separate two-bedroom units, two kitchens, four bedrooms, and two bathrooms in total. The home can also be easily converted into a single family home. Each unit has potential rental income of approximately $1,600 to $1,700 per month, for a combined monthly income of up to $3,400. The property is vacant, allowing for immediate renovations and tenant placement. Features include two rented on-demand hot water heaters, a mutual driveway, and street parking. Conveniently located near parks, schools, shopping, restaurants, the Welland Canal, and Welland's recreational waterway. Property is being sold as is. Motivated seller, offers welcome anytime!
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 21 Fifth Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$59,980 · Minimum $14,995
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2025 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$2,195/mo
About $26,340 a year
- $1,327
- $163
- Home insurance$125
- Utilities$330
- Maintenance & repairs$250
Cash needed to close
- Down payment (20%)
- $59,980
- Ontario land transfer tax
- $2,974
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $65,454
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
21 Fifth Street, Welland, ON
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Last Updated: September 7, 2026
Listing Office: RE/MAX NIAGARA REALTY LTD, BROKERAGE
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